Commodity Trade Mantra

Posts Tagged ‘Oil Wars’

OIL - The Untold History of Black Gold & How it began the Political Strategies of the West

The political strategy of the U.S. had to adapt to provide for the needs & wants of the American population. The ‘70s marked the turning point when the U.S. shifted from being an oil exporter to the world’s largest oil importer. The oil crisis of 1973 was the game changer that transformed the international political & financial system into the current system of petrodollars & oil wars.

Low Oil Prices Are A Saudi Attack On Iran — But You Can Defend Yourself

The Saudis’ primary motivation in crashing oil prices last November was to harm Iran. In other words, low oil prices are not about hurting Russia because of Ukraine; nor slowing the advance in North American fracking. The Saudi idea is to squeeze the bank accounts of the Mullahs in Teheran.

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